From scarcity to abundance

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While disparities between rich and poor persist, scarcity of basic requirements such as food, water, energy, healthcare, housing and education is no longer the worldwide norm. As Peter Diamandis, founder of the X Prize Foundation and Singularity University, says, “Humanity is now entering a period of radical transformation in which technology has the potential to significantly raise the basic standards of living for every man, woman and child on the planet.”